Official:Adopting an Amendment to Section V of the Articles of Incorporation of the Philadelphia Authority for Industrial Development by increasing the Authority's term of existence to a date fifty years from the date of approval of Articles of Amendment by the Secretary of the Commonwealth, under certain terms and conditions.
Sponsor: Council President Clarke
Introduced: February 16, 2023
Status: Lapsed
This bill was introduced in the 2020–2023 Council term and when that term ran out. The public record shows no committee vote and no floor vote at any stage, so no member of Council ever went on record for or against it.
That is not unusual here. Of the 8,465 bills introduced between 2000 and 2025, 1,624 lapsed without a single recorded vote. Ninety percent of bills that became law carry a roll call. Three percent of lapsed bills do. How this works.
This bill extends the term of existence for the Philadelphia Authority for Industrial Development (PAID) by another 50 years, allowing it to continue issuing bonds and entering into contracts that aid in economic development.
AI-written. Every figure is checked against the bill text.
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